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Texas: Governor Abbott Announces $17 Million TMVRLF Loan To The City Of Del Rio
TelAve News/10887597
~ In a recent announcement, Governor Greg Abbott and the Texas Military Preparedness Commission (TMPC) revealed that the city of Del Rio will receive a $17 million loan from the Texas Military Value Revolving Loan Fund (TMVRLF). The funds will be used for two important water projects in the city.
The first project involves rehabilitating the San Felipe East Springs Containment Wall, while the second project aims to expand and modernize the City of Del Rio's Water Treatment Plant. These improvements are expected to increase the water capacity of both the city and Laughlin Air Force Base, adding much-needed resiliency to their water systems.
Governor Abbott expressed his pride in supporting Del Rio and Laughlin Air Force Base through this investment in critical water infrastructure. He emphasized that these funds will not only benefit the local community but also support mission readiness at Laughlin and demonstrate Texas' commitment to its military communities.
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The TMVRLF is a comprehensive loan program that provides financial assistance to defense communities in Texas. It is financed through the sale of general obligation bonds and aims to enhance the military value of bases in Texas communities. The TMPC's investment in Del Rio's water projects is a testament to their dedication to strengthening Southwest Texas and its military communities.
This loan from TMVRLF is just one example of how Texas continues to prioritize its military communities and invest in their future. With this funding, Del Rio can improve its water infrastructure, ensuring a reliable supply for both civilians and military personnel.
The first project involves rehabilitating the San Felipe East Springs Containment Wall, while the second project aims to expand and modernize the City of Del Rio's Water Treatment Plant. These improvements are expected to increase the water capacity of both the city and Laughlin Air Force Base, adding much-needed resiliency to their water systems.
Governor Abbott expressed his pride in supporting Del Rio and Laughlin Air Force Base through this investment in critical water infrastructure. He emphasized that these funds will not only benefit the local community but also support mission readiness at Laughlin and demonstrate Texas' commitment to its military communities.
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The TMVRLF is a comprehensive loan program that provides financial assistance to defense communities in Texas. It is financed through the sale of general obligation bonds and aims to enhance the military value of bases in Texas communities. The TMPC's investment in Del Rio's water projects is a testament to their dedication to strengthening Southwest Texas and its military communities.
This loan from TMVRLF is just one example of how Texas continues to prioritize its military communities and invest in their future. With this funding, Del Rio can improve its water infrastructure, ensuring a reliable supply for both civilians and military personnel.
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